Evolution and trends in information system

Discussion1:

The Significance of Information Systems infrastructure is coming over last few years even though it is present in early 60’s. It helps in identifying the trends that the business Information System for Company management (ISFM) has been a key factor in developing the Business and the ISFM will adapt the changes quickly that are happening recently in market. As the name itself implies information, so the collection of data from various sources is very important and how we are storing and using it effectively is important to consider.

Evolution and Trends:

The name Information systems came into existence along with technology and it’s products (Liang, Chen, 2019). The Evolution of Information System has started early in 1960 in the account management Area. As this is important in every organization it became easy to start and develop with account management as the requirements are well documented and it is organized by the rules and regulations that everyone should follow. After developing the account management everyone in the company especially the members in administrative department found that there is need to have some more software tools for billing, invoices etc. In the early 70’s Material Requirements Planning (MRP) came up which uses the approach for creating the material plant from three fundamental blocks and helps to reduce the time and increase the quality in delivery. MRP II comes in 80’s and Enterprise Resource Planning (ERP) it came up with the evolution of inventory management in 50’s (Gil Gomez, 2009). mcomerce is trending in the information systems in a level such that strategies and activities that is managed by the companies and it is trending now. It has a power to change the existing way the business is handled in a more efficient way. ERP is having a great future a head and it is planning to extend it’s availability in other companies as well with minimum license cost, implementation cost so that more software will be available in the market and that can be used extensively in the market.